Manchin, Stabenow Unveil Bill to Incentivize US Clean Energy Jobs
Sens. Joe Manchin (D-W.Va.) and Debbie Stabenow (D-Mich.) are seeking to drive investment in rural America by proposing legislation that would allocate $8 billion to manufacturers and other industrial companies to retool, expand, or build new facilities that make or recycle energy-related products.
Possible products include equipment needed for alternative energy and energy efficiency efforts, such as geothermal drills, and products or technologies that capture, remove, use, or store carbon dioxide.
The bill would amend the tax code to enhance an existing advanced energy credit.
“The downturn of the coal industry has left many Americans without the good-paying jobs they once relied on and, more often than not, a lack of new opportunity. The negative impact is felt by local economies across the country. I believe that tax credits to help incentivize the transition to a cleaner energy future should be targeted to
Congress Passes Major Climate Legislation in Year-End Omnibus
The bill calls for phasing down emissions of hydrofluorocarbons, a potent greenhouse gas
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Sen. John Barrasso, R-Wyo., left, talks with Sen. Tom Carper, D-Del., before the start of Senate Environment and Public Works Committee hearing on Stopping the Spread: Examining the Increased Risk of Zoonotic Disease from Illegal Wildlife Trafficking in Washington on Wednesday, July 22, 2020. Negotiations between them helped lead to passage of significant climate legislation this year. Credit: Caroline Brehman
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Lawmakers agreed last night to phase down hydrofluorocarbons (HFCs), the most significant congressional action on climate change in years and a head start for President-elect Joe Biden’s plans to slash greenhouse gas emissions across the economy.